Romania’s TAROM Gains EU Approval For Restructuring Aid

TAROM A318

TAROM A318

Credit: Joe Pries
The European Commission (EC) has approved, under EU State aid rules, restructuring aid for Romanian state-owned flag-carrier TAROM for up to €95.3 million ($102 million). However, challenges remain, especially in a fragmented Southeastern European market with numerous national airlines during a time...

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